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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Sprout.ai: Revolutionizing insurance with AI-powered fraud detection and claims automation solutions.
Sprout.ai, founded with the mission to revolutionize the insurance industry through Artificial Intelligence, focuses on delivering fast and accurate claims decisions. Their core vision is to unlock the future of insurance by solving fraud detection and automating claims processes, thereby enhancing customer experiences. Sprout.ai offers AI-powered technology that enables real-time claims resolutions, catering to various lines of business including personal, commercial, and specialty insurance.
Notably affiliated with world-leading insurers, Sprout.ai has garnered attention from key investors and industry leaders. Their AI-driven solutions have significantly reduced claims processing times, transforming customer satisfaction and operational efficiency within the insurance sector. By addressing critical pain points in claims management, Sprout.ai has established itself as a pivotal player in the insurtech landscape, driving innovation and setting new standards for the industry.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Claims Automation
Technology
AI, Machine Learning
Tags
Insurtech, SaaS
Model Types
Platform, Software
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Sprout.ai founded?
Sprout.ai was founded in 2018.
Where is Sprout.ai’s headquarters located?
Sprout.ai’s headquarters is located in London, GB.
When was Sprout.ai’s last funding round?
Sprout.ai’s most recent funding round was for $5.4M (USD) in October 2023.
How many employees does Sprout.ai have?
Sprout.ai has 75 employees as of Feb 4, 2024.
How much has Sprout.ai raised to-date?
As of July 05, 2023, Sprout.ai has raised a total of $19.9M (USD) since Oct 31, 2023.
Add Comparison
Total Raised to Date
$19.9M
USD
Last Update Oct 31, 2023
Last Deal Details
$5.4M
USD
Oct 31, 2023
Series Unknown
Total Employees Over Time
75
As of Feb 2024
Sprout.ai Address
London,
Greater London
EC2A 4EG
United Kingdom
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts